Is this just another 'Market Pumping Monday?
I find it hard to believe the claims that an Administration could be blatantly manipulating the US stock markets for their own profit under a guise of controlling oil prices. It's very base and greedy behaviour unbecoming of any leader of a Western democracy.
Let's see if Iran's claims are false. This is tiresome and very bad for the economy.
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Barak David from Axios on Sunday night an hour before the futures market opened announced a news 'scoop' that Iran has requested a peace talk at Doha. The only other mentions of this in the media I saw were quotes of the Axios story.
The stock futures rallied and oil fell.
And Iran denied it. Here is the latest.
The Hormuz Newsletter on X says again just now:
BREAKING: Iran's Foreign Ministry has directly rejected Trump's claim that Tehran requested a meeting in Doha—stating no negotiations at any level are scheduled with the U.S. in the coming days, per Fars News.
Foreign Ministry Spokesman Esmaeil Baqaei clarified that U.S. representatives traveling to Qatar—including special envoy Steve Witkoff—have no connection to the Iranian delegation's movements.
Trump had posted on Truth Social: "IRAN HAS REQUESTED A MEETING. IT WILL TAKE PLACE TOMORROW IN DOHA!"
Iran says otherwise. No request. No talks. No schedule. Trump is either lying—or trying to manipulate the market.
Very frustrating to see these opaque developments moving markets.
Let's see what happens. Then we may know.
